Quote of the Day

As we’ve discussed many times herein, investors (looking to exploit infrastructure makeovers) need not wait for the U.S. to get its act together:

Makeover for World’s Oldest City Drives India Steel Recovery (Bloomberg) — The world’s oldest living city is getting a makeover.  Varanasi, Hinduism’s holiest site on the Ganges River in northern India, is one of 100 places earmarked to receive trillions of rupees to transform their aging infrastructure and become ‘Smart Cities,’ replete with affordable housing, improved sanitation, and better transportation. 

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